§ 25-2-306. Output, requirements and exclusive dealings. - North Carolina Statutes

§25‑2‑306.  Output, requirements and exclusive dealings.

(1)        A term whichmeasures the quantity by the output of the seller or the requirements of thebuyer means such actual output or requirements as may occur in good faith,except that no quantity unreasonably disproportionate to any stated estimate orin the absence of a stated estimate to any normal or otherwise comparable prioroutput or requirements may be tendered or demanded.

(2)        A lawful agreementby either the seller or the buyer for exclusive dealing in the kind of goodsconcerned imposes unless otherwise agreed an obligation by the seller to usebest efforts to supply the goods and by the buyer to use best efforts topromote their sale. (1965, c. 700, s. 1.)